Imagine having a magic card that helps you build credit super safely. Well, that is what the Axis Bank secured credit cards are all about the secret weapon to boost your credit score. These cards serve as a specialized safe where you can deposit your money for a particular time, and in return, the bank rewards you with an interest. In India, secured credit cards are backed by a security deposit provided by the cardholder. When you deposit to open a secured credit card, the amount you deposit often determines your credit limit. For example, if you deposit a certain amount, your credit limit is usually a percentage of that deposit. These cards are designed for individuals looking to build or rebuild their credit history. Users can improve their credit scores over time by making timely payments and responsibly managing the card. Secured credit cards work like regular credit cards that can be used for purchases, online transactions, and bill payments, offering a way to enjoy the benefits of a credit card.
Axis Bank My Zone Easy Credit Card
The Axis My Zone Credit Card is a good choice for people looking for a secured credit card, which requires a security deposit. This entry-level card is for individuals seeking the benefits of a secured credit card. This card offers BOGO deals on movie tickets through Paytm Movies, discounts on Swiggy orders, and access to the Dining Delights Program.
- This card has an annual fee of ₹500 with taxes and is best suited for movies and shopping.
- Users get a complimentary SonyLiv subscription worth ₹999 on making the first transaction within 30 days of card issuance.
- You will earn 4 EDGE reward points for every ₹200 spent on all eligible categories except on fuel, movies, insurance, education, wallet reloads, and government-related and EMI transactions. The value of 1 EDGE Reward is ₹0.20, and these reward points can be redeemed for shopping and travel vouchers from Axis Bank EDGE Rewards Portal.
- This card also provides perks like BOGO offers on movie tickets via Paytm Movies, flat ₹120 off on Swiggy orders, and 15% off at partner restaurants through the Dining Delights Program.
- Complimentary domestic airport lounge access is also offered once every month.
Indian Oil Easy Credit Card
The Indian Oil Axis Bank Credit Card is a smart choice for individuals who frequently spend on fuel, especially at IOCL stations. This card, the result of a partnership between Axis Bank and Indian Oil Corporation Limited, makes day-to-day transactions more rewarding, especially for those who drive regularly. With a manageable annual fee, cardholders can enjoy high reward rates on fuel purchases, online shopping discounts, and dining benefits. The rewards program is particularly enticing for fuel purchases at IOCL outlets, offering significant returns on every transaction.
- The Indian Oil Axis Bank RuPay Credit Card comes with a joining fee of ₹500 with taxes, which can be waived on spending ₹3.5 lakhs or more in the previous year.
- As a welcome benefit, this card offers 100% cashback up to ₹250 on the first fuel transaction within 30 days of card issuance.
- With this card, users will earn 20 reward points for every ₹100 spent on fuel transactions at IOCL outlets, 5 reward points for every ₹10 spent on online shopping, and for all other eligible spending, earn 1 reward point for ₹100 spent.
- Under the Axis Bank EazyDiner Program, you will get a 10% discount on movie tickets via BookMyShow and 15% off on dining bills.
Flipkart Secured Credit Card
The Flipkart Axis Bank Credit Card is an excellent choice for shoppers who frequent Flipkart and enjoy online shopping. This card rewards your spending with unlimited 5% cashback on Flipkart purchases, making every transaction more rewarding. This deal extends beyond Flipkart and provides cashback for services such as Swiggy, Uber, and more. For a small joining fee, you can enjoy the security of Axis Bank, making your online transactions not only rewarding but also safe.
- The annual fee of the Flipkart Axis Bank Credit Card is ₹500 with taxes, which can be waived on spending ₹3.5 lakhs or more in the previous year.
- As a welcome benefit, this card offers a Flipkart voucher worth ₹500 and 50% off on Swiggy orders upto ₹100 once per cardholder.
- With this card, you earn 5% cash back on Flipkart, 4% cashback on Swiggy, Uber, PVR, etc., and 1% cash back on other spends.
- Under the Dining Delights Program, users will also receive one complimentary domestic airport lounge access every quarter and 15% off on selected restaurants.
Axis Bank Privilege Easy Credit Card
Positioned as a premium option within Axis Bank’s secured credit card list, the Axis Bank Privilege Easy Credit Card offers attractive perks like EDGE reward points upon joining, which can be redeemed against vouchers, airport lounge access, dining discounts, and insurance coverage. The reward point system is generous, contributing to a rewarding experience with every transaction made both domestically and internationally.
- This card has a joining fee of ₹1,500 plus taxes, which can be waived on spending ₹5 lakhs or more in the previous year.
- This card offers 12,500 EDGE reward points as an introductory perk, which can be redeemed for multi-brand vouchers worth ₹2,500.
- Earn 10 EDGE reward points for every ₹200 spent domestically and internationally, which can be redeemed for products available in the Axis Bank EDGE REWARDS catalog.
- With this card, users will get two complimentary domestic airport lounge accesses every quarter, up to a 20% discount at 4000+ restaurants, and insurance coverage as well as milestone benefits on spending ₹2.5 lakhs.
Bottom Line
Axis Bank offers a variety of secured credit cards designed for different lifestyles, including movie lovers, online shoppers, travelers, and those seeking premium perks. These cards are great for anyone wanting to build or repair their credit score while enjoying perks like cashback, discounts, and reward points. Importantly, these cards are also suitable for students and youngsters looking to start their credit journey responsibly. By choosing the right card, you can enjoy benefits matched with your spending habits and lifestyle, setting a strong foundation for your financial future.